1. Crash Review - Code of Ethics and Responsibilities Flashcards
A noble profession, calling or an occupation dedicated to the promotions, development and conservation of land and natural resources.
a. Realty Service Practice
b. Brokerage Service Practice
c. Consulting
a. Realty Service Practice
Since realty service practice is an honorable practice, those who practice are bounded to follow a
a. Code of ethics
b. Code of conduct
c. Government code
a. Code of ethics
Utmost fidelity, sincerity, respect for colleagues in the profession, and honesty shall be observed.
a. At all times
b. Special times
c. Any time
a. At all times
Level of knowledge, competence and expertise in real estate development and management that shall be maintained.
a. Adequate
b. Sufficient
c. Complete
a. Adequate
Upgrading of the standards of practice shall be effected.
a. When the need arises
b. At all times
c. Even when it is not needed
a. When the need arises
The spirit of camaraderie, cooperation and professional relationship by respecting the rights of other practitioners shall be .
a. Promoted
b. Practiced
c. Observed
a. Promoted
Level of integrity, honesty and competence in the profession of realty service practice.
a. High
b. Highest
c. Average
a. High
High level of integrity, honesty and competence in the profession for the best interest of the community and
a. The nation
b. The state
c. The country
a. The nation
Level of professional and respect relationship with colleagues in the Realty Service Practice.
a. High
b. Highest
c. Average
a. High
Fair, honest and just dealing of realty service practice with each other.
a. Always
b. All times
c. Anytime
a. Always
Shall be observed in all the dealings and relation of the practitioners with clients, fellow practitioners, the organization to which they belong, and
the general public.
a. Treat others as you like them to treat you
b. Do not treat others as you like them to treat you
c. Treat others as you do not like them to treat you.
a. Treat others as you like them to treat you
Threat others as you like them to treat you is known as the .
a. Golden rule
b. Golden mean
c. Supreme rule
a. Golden rule
Shall embrace and include all persons, partnerships or corporations who are duly licensed by the Department of Trade and Industry.
a. Realty service practice
b. Brokerage service practice
c. Real estate service
a. Realty service practice
He should pay any and all taxes.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
The practitioner should secure all the necessary licenses, permits and authority.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
Support government projects & land development activities.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
He should not encourage, abet, tolerate or participate in the evasion or illegal reduction in the payment of all taxes.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
He should not offer or agree to pay to, split or rebate any commission, fee or valuable consideration to unlicensed realty service practitioner.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
He should indicate the license number of the certificate issued by the Department of Trade and Industry in his letterhead.
a. Government relation
b. Organization relation
c. Public relation
a. Government relation
The practitioner should be imbued with a social conscience for he does not live by himself and his family alone but he is a part of society with definite social responsibilities;
a. Public relation
b. Client relation
c. Customer relation
a. Public relation
He should ensure the highest and the best use of the land and the equitable distribution of ownership.
a. Public relation
b. Client relation
c. Customer relation
a. Public relation
He should keep himself well informed as to any movement affecting real estate in his community, city or province.
a. Public relation
b. Client relation
c. Customer relation
a. Public relation
He should cooperate with the government in protecting the public against deceptive, unfair and unconscionable acts and practices.
a. Public relation
b. Client relation
c. Customer relation
a. Public relation
He should ascertain all pertinent facts concerning every property, and avoid error, exaggeration, misrepresentation or concealment of pertinent facts in dealing with the general public concerning real estate transactions;
a. Public relation
b. Client relation
c. Customer relation
a. Public relation